In 2018, former UnitedHealth Group CEO David Wichmann made a clear statement to investors: Optum's growth strategy did not include ownership of inpatient care facilities. In other words, the company would not build or own hospitals.
Instead, one piece of the plan to eventually make Optum's care delivery arm, Optum Care, a $100 million business by 2028 was partnering with health systems to manage administrative services such as revenue cycle management and information technology.
Optum also revealed in November it now employs or is affiliated with nearly 90,000 physicians and another 40,000 advanced practice clinicians serving tens of millions of people every year. Optum Care employed or worked with 38,000 physicians in 2018.
Instead, one piece of the plan to eventually make Optum's care delivery arm, Optum Care, a $100 million business by 2028 was partnering with health systems to manage administrative services such as revenue cycle management and information technology.
Optum also revealed in November it now employs or is affiliated with nearly 90,000 physicians and another 40,000 advanced practice clinicians serving tens of millions of people every year. Optum Care employed or worked with 38,000 physicians in 2018.
Optum didn't build hospitals — it hired their employees
"Former UnitedHealth Group CEO reveals Optum's growth strategy: partnerships with health systems for administrative services, not hospital ownership."
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